Havilah Resources Ltd (ASX:HAV) Moves to New Office to Prepare for Growth

Adelaide, July 31, 2017 AEST (ABN Newswire) - Havilah Resources Limited (ASX:HAV) (Havilah) is pleased to announce that it has relocated its Adelaide office to a new office located in Dulwich, from neighbouring Glenside. The move is designed to facilitate continued future growth, while also reducing the cost of occupancy.

Highlights

- More flexible office allowing for growth while reducing cost.

- Upgrade of IT infrastructure.

- Green credentials with 25% reduction in energy consumption.

Background

The new office provides an opportunity to increase productivity through a modern open plan working environment and will also add space to accommodate expected needs of the next stages of business-critical projects such as Kalkaroo and Mutooroo. Havilah's IT infrastructure will also be upgraded at the same time to move to a cloud-based system. The new building has strong green credentials including a solar facade consisting of solar panels and translucent PV cells reducing the building's overall energy consumption by approximately 25%.

Commenting on the office move, Havilah Managing Director, Dr Chris Giles said: "The new location was chosen following an extensive review process for its high-profile location and open plan layout, designed to maximise communication and collaborative team work.

"This location also allows for the ability to expand very quickly to add room for Kalkaroo and Mutooroo project teams that are expected to increase as activity ramps up.

"Havilah has also seized the opportunity to upgrade its IT infrastructure including remote working and data management capabilities.

"We are fortunate to be able to achieve this whilst, at the same time reducing our annual office rental cost" he said.

Havilah Resources Ltd (ASX:HAV) is a debt free South Australian gold producer having recently financed and developed its first gold mine at Portia in north-eastern South Australia. It plans to follow on with three copper-gold-cobalt mining developments at North Portia, Kalkaroo and Mutooroo, which are underpinned by a JORC resources mineral inventory of over 1.4 million tonnes of copper, 3.6 million ounces of gold, and 18,000 tonnes of cobalt.